{"id":17791,"date":"2022-06-13T12:21:27","date_gmt":"2022-06-13T20:21:27","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17791"},"modified":"2022-06-13T12:21:27","modified_gmt":"2022-06-13T20:21:27","slug":"fomc-week-futures-trading-levels-for-6-14-2022","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/fomc-week-futures-trading-levels-for-6-14-2022\/","title":{"rendered":"FOMC Week + Futures Trading Levels for 6.14.2022"},"content":{"rendered":"
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Get Real Time updates and\u00a0more on our private FB group!<\/div>\n
https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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FOMC Week!<\/h1>\n
By John Thorpe, Senior Broker<\/div>\n
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Federal Funds rate, the DOT Plot and CPI vs PCE<\/div>\n
Wednesday , June 15th<\/sup>\u00a0the U.S. Fed will release it\u2019s guidance on short term interest rates in lieu of recent inflationary measures. One of the purposes of markets is to discount the potential for future events. When a rate announcement is made, price action in markets affected by the change tend to be muted.\u00a0Conversely, a surprise announce will create more volatility in both directions as bids are cancelled, removing price floors or offers are cancelled removing price ceilings.<\/div>\n
Here are some fascinating tools that are available to the novice and professional alike. If you have any questions about how to use them or read them please call your CannonTrading broker @ 800-454-9572.<\/div>\n
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First here is a snapshot of the consensus from<\/div>\n
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There is a futures contract based on the FOMC Fed Funds rate and it\u2019s the\u00a030 Day Federal Fund Futures<\/a> contract, listed monthly ZQN22<\/a> will be the July FF Futures contract.<\/div>\n
Please pull up the quote and feel free to trade this liquid contract.. The market prices actually reflect the probability of future rate changes. As most of us are aware, the Fed is currently in a rate hike mode and shouldn\u2019t surprise you to know that by hiking short term interest rates, that\u2019 should reduce the supply and appetite for cheap dollars. By raising rates, the fed would like to influence consumption of goods and services to stop the trend of inflationary price hikes across the broad economy.<\/div>\n
The Fed has suggested during previous guidance that they key off of the PCE ( Personal Consumption Expenditures Price Index ) rather than the CPI (consumer Price Index) to base rate change decisions upon. A description of the differences can be found here\u00a0https:\/\/www.bls.gov\/osmr\/research-papers\/2017\/st170010.htm<\/a><\/div>\n
And Finally\u00a0the CME has a wonderful “probalistic” tool called the \u201cFed Watch Tool\u201d you will find the DOT Plot, probabilities of future rates all the way out to July 2023<\/div>\n
https:\/\/www.cmegroup.com\/trading\/interest-rates\/countdown-to-fomc.html<\/a><\/div>\n
Plan your trad and trade your plan.<\/div>\n
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Please contact a Cannon broker with ANY questions!<\/a><\/div>\n<\/div>\n
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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n

Futures Trading Levels<\/strong><\/h3>\n

06-14-2022<\/p>\n

\"Support<\/p>\n

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Improve Your Trading Skills<\/h2>\n
Get access to proprietary indicators and trading methods,\u00a0consult with an experienced broker<\/a><\/div>\n
\u00a01-800-454-9572\u00a0Explore trading methods.\u00a0Register Here<\/a><\/div>\n


\n<\/a>Economic Reports, Source:\u00a0<\/strong><\/h3>\n

Forexfactory.com<\/a><\/p>\n

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This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ FOMC Week! By John Thorpe, Senior Broker Federal Funds rate, the DOT Plot and CPI vs PCE Wednesday , June 15th\u00a0the U.S. Fed will release it\u2019s guidance on short term interest rates in lieu of recent inflationary measures. One of the purposes of markets […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,239],"tags":[],"class_list":["post-17791","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-financial-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=17791"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17791\/revisions"}],"predecessor-version":[{"id":17792,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17791\/revisions\/17792"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}